Market Mindset - September 5, 2019 - LULU Earnings: BWB vs. Strangle

published 1 week ago by tastytrade, Inc.

With $LULU announcing after today's close, Katie and Mike weigh the pros and cons of a Broken Wing Butterfly in the short expiration cycle and a Strangle in a later-dated expiration. Find out how breakeven, credit received, return on capital, and defen...